Friday, May 6, 2011

Cape Town Container Terminal Expansion Proceeding Well

Second Berth Now Renovated
Shipping News Feature

SOUTH AFRICA - State-owned freight, transport and logistics giant Transnet Limited today celebrated a significant milestone in its 5.4 billion Rand ($800 million) expansion of the Cape Town Container Terminal with the announcement of the completion of deepening and refurbishment work at Berth 602, the second of four berths to undergo such upgrades at the terminal.

The five-year project, which will see the terminal’s capacity doubled to 1.4 million TEUs per annum, is part of a wide ranging upgrade to South Africa’s logistic capabilities which also includes the expansion of capacity in the company’s container terminals in Durban and the construction of the state-of–the-art Ngqura Container Terminal in the Eastern Cape, as well as the purchase of hundreds of locomotives for its rail freight division.

The Cape Town Container Terminal has already taken delivery of new cranes which have substantially improved the ports handling and stacking capabilities.

Speaking at a ceremony attended by Public Enterprises Minister, Mr Malusi Gigaba, Transnet Group’s Chief Executive Brian Molefe, said that:

‘This project signifies our commitment to ensure the competitiveness of our economy as custodians of our transport and logistics infrastructure. The investment, which is part of our R110 billion rolling five-year capital investment programme will not only increase capacity but go a long way towards improving productivity and efficiency at our ports.’

(pic: Beluga Shipping delivering some of the new cranes)

http://www.transnet.co.za